M&M Finance Q1 results: Co reports loss of Rs 1573 cr as bad loans, slowdown bite

M&M Finance swung to a loss of Rs 1573 crore on a consolidated basis during the quarter ended June from a profit of Rs 432 crore a year earlier, as total income declined 16 per cent to Rs 2567 crore from Rs 3069 crore the year earlier.

from Banking/Finance-Industry-Economic Times https://ift.tt/2WgFr9g